2 March, 2021

FRC: many firms ‘not transparent about their compliance with UK code’

Companies appear to be struggling with governance provisions aimed at managing stakeholder engagement and measures to limit the term of board chairs. The news comes in

1 March, 2021

Will your next annual report come with installation instructions?

The annual report has been a cornerstone of corporate communications for more than 200 years, but while the past two centuries have seen sustained evolution in communications technology, the annual re...

18 February, 2021

FRC backs use of augmented and virtual reality in corporate reporting

Bored of conventional corporate reporting? Tired of flicking through page after page of bland corporate statements and charts? Well, technology experts at a UK financial watchdog might have an answer:...

21 January, 2021

Board evaluations review finds room for improvement

New proposals call on providers of board evaluations to disclose the measures they take to avoid conflicts of interest and to sign up to a new code of conduct. There is also a recommendation that c...

15 January, 2021

‘A systemic risk’: investors demand greater ethnic diversity in boardrooms

In case there was any doubt: it’s time to address the lack of ethnic diversity in boardrooms. The issue has been in the background for some time, but the Black Lives Matter protests in the US, UK...

4 December, 2020

Evidence builds for introduction of new audit committee standards

Audit committees should brace themselves for significant change after a new report prompted the UK audit watchdog to suggest it provides support for the introduction of new audit standards. Accordi...

30 November, 2020

Watchdog’s ire provoked by ‘vague’ purpose statements

Regulators are a little disappointed. While the world is calling on companies to better define their purpose, it’s not going as well as it should. A review of governance statements from 100 UK co...

20 November, 2020

UK companies ‘need to go further’ on LGBTQ+ inclusion

This week the spotlight turned on LGBTQ+ people in business and whether they are treated fairly by companies. A report from the UK’s governance regulator concludes that many firms "need to go much f...

12 November, 2020

FRC says climate disclosures are ‘failing to meet investor expectations’

UK corporate reporting is under pressure again, with companies once more being asked to up their game on climate disclosures. UK regulator the Financial Reporting Council (FRC) says

22 October, 2020

FRC issues further warning over Covid and corporate reporting

Watchdogs have stressed yet again that companies be plain in disclosing their performance prospects as a result of the pandemic in their reporting. The warning comes in the Financial Reporting Coun...